Ethereum

Foundation

Upland

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 <p class="is-style-lead">Upland, a web3 strategy game with over three million accounts, <a rel="noopener noreferrer nofollow" title="distributed" href="https://thebittimes.com/tag/distributed.html">distributed</a> over $13.5 million to <a rel="noopener noreferrer nofollow" title="players" href="https://thebittimes.com/tag/players.html">players</a>’ PayPal accounts in December 2023.</p>
 <p>In a press release, Upland said this pointed to their commitment to empowering <a rel="noopener noreferrer nofollow" title="players" href="https://thebittimes.com/tag/players.html">players</a> with real-world value through virtual experiences.</p>
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 <p>Players can earn revenue through gameplay, strategic investments, and creations within Upland. This can be converted into Upland’s in-game currency (UPX) or directly withdrawn into USD via PayPal.</p>
 <p>Upland’s partnership with Tilia, a payment platform designed specifically for the GameFi industry, processed these payments. Their involvement allowed Upland to bridge the gap between the virtual and real worlds.</p>
 <p>Moreover, Upland remained compliant with U.S. regulations, providing a secure and trusted environment for users to explore metaverse opportunities.</p>
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 <p>Upland plans to launch Sparklet on Ethereum in Q1 2024.</p>
 <p>“Upland is the leading entrepreneurial and creator economic hub in web3,” asserted Dirk Lueth, co-founder and co-CEO of Upland. “With over 3 million registered users and the largest active participation in the space, we have built a thriving, immersive digital economy. The recent milestone reflects the strength of our P2P community and indicates the power of GameFi and true ownership.”</p>
 <p>Part of Upland’s success involved striking partnerships with FIFA, the NFL Players Association, UNICEF Brasil, and Susan G. Komen.</p>
 <p>The platform also recently launched Totems and raised an additional $7 million in Q4 2023.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Upland partners with AI studio Kaedim to accelerate metaverse asset production
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/upland-distributed-13-5m-to-players-in-december-2023-tbt76318.html">https://thebittimes.com/upland-distributed-13-5m-to-players-in-december-2023-tbt76318.html</a></p>

Upland distributed $13.5m to players in December 2023

TheBitTimes

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